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O-LevelAccountingAccounting principles and policies7707/11 · May/June 2010 · Q291 Mark

A sole trader purchased the following items from an office supplier. $ calculator 10 computer system 2000 document shredder 25 stapler 5 Applying the accounting principle of materiality, which would be recorded as revenue expenditure?

Acalculator, computer system, document shredder
Bcalculator, computer system, stapler
Ccalculator, document shredder, stapler
Dcomputer system, document shredder, stapler

✓ Correct answer

C: calculator, document shredder, stapler

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About this question

Topic
Accounting principles and policies, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2010 Paper 1 Variant 1, question 29.

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